.jpg)
A Douglas-based ship management firm looks set to change hands for up to £371 million later this year.
An auction is currently being held for final bids for V Ships after its owner, Exponent Private Equity, put it up for sale.
Bids are due in by June 16 for the company, which provides services for cruise liners, ferries and large yachts.
London-based Exponent bought V Ships for £209 million in March 2007.
RTLC defends taxi tariff changes
Prices have gone up and a higher overnight rate is now implemented from 11pm
King Gaming's license suspended amidst criminal investigation
Gambling Supervision Commission publishes statement
Ministers to meet with LVA to discuss hospitality concerns
Comes after concerns raised about the issues facing the industry
Looneys of Ramsey to close
Number of factors behind the decision
Trade is good, but it's still a struggle to make a profit, says local business
Comes after calls for gov't to do more to help hospitality sector
Villiers Square development plans approved
Two buildings proposed for the site
